GeoSentric Oyj - Notice to convene extr.general meeting

EXTRAORDINARY GENERAL MEETING OF GEOSENTRIC OYJ

GEOSENTRIC OYJ	STOCK EXCHANGE RELEASE October 26, 2009 at 18:15                 


EXTRAORDINARY GENERAL MEETING OF GEOSENTRIC OYJ                                 

The Board of Directors of GeoSentric Oyj (“GeoSentric” or the “Company”) has    
decided to convene the Extraordinary General Meeting of the shareholders on     
Tuesday, November 17, 2009 at 9:30 am. The Extraordinary General Meeting shall  
be held at Hotel Kämp, at the address Pohjoisesplanadi 29, 00100 Helsinki,      
Finland. The reception of notified registered shareholders will begin at 9:00   
am.                                                                             


The following matters shall be handled in the meeting (agenda):                 

1. Authorizing the Board to decide upon raising new financing through           
GeoSolutions Holdings N.V.                                                      

The Company has negotiated with certain institutional and qualified investors   
about new financing amounting up to EUR 25,000,000 at maximum and the conditions
thereof. The purpose of the financing is to secure the working capital needs of 
the group and support the execution of the business plan. The current plan is to
raise the financing in one or several tranches by March 2010. The financing     
would be in a form of a convertible note issued by Company's 100% owned         
subsidiary GeoSolutions Holdings N.V.                                           

The Board proposes to the Extraordinary General Meeting that it will authorize  
the Board decide upon the terms and condition of the financing. The main terms  
of the financing would be as follows:                                           

The financing shall be implemented by offering of convertible notes entitling to
subscription of GeoSolutions Holdings N.V's shares to a limited number of       
selected investors. The conversion rate will be based on valuation exceeding    
GeoSentric's current stock price in the stock exchanges and accordingly the     
maximum amount of new shares to be issued by virtue of possible conversions     
would in all events be less than half of GeoSolutions Holdings N.V's outstanding
shares and share capital.                                                       

The investors would also be offered an option to convert their notes into       
GeoSentric's shares alternatively. In such conversions the number of            
GeoSentric's shares received would be the same proportional amount of fully     
diluted shares as the investor otherwise would have received of the GeoSolutions
Holdings N.V's shares. The Board would have authority to approve such           
conversion.                                                                     


2. Documents on view                                                            

The proposals of the Board of Directors are available for shareholders to view  
from Tuesday, October 27, 2009 onwards at the Company head office in Salo, at   
the address Meriniitynkatu 11, 24100 Salo, Finland and on the Company's website 
www.geosentric.com. Financial reports of GeoSentric as well as other information
required by Finnish Companies Act and the Finnish Securities Markets Act are    
also available at www.geosentric.com.                                           

The Company shall provide copies of the said documents to shareholders upon     
request against reimbursement of reasonable copying and delivery costs.         


3. Instructions to the participants                                             

A. Right to participate                                                         

Shareholder, who has been registered in the Company's shareholder s' register   
maintained by the Euroclear Finland Ltd on the record date of November 5, 2009  
has the right to participate in the Extraordinary General Meeting. A            
shareholder, whose shares are registered on his/her personal Finnish book-entry 
account, is registered in the shareholders' register of the Company.            

Pursuant to chapter 5, section 25 of the Finnish Companies Act, a shareholder   
who is present at the Extraordinary General Meeting shall have the right to     
request information with respect to the matters handled at the General Meeting. 

B. Holders of nominee registered shares                                         

In order to attend the Extraordinary General Meeting, shareholders who hold     
their shares under a name of a nominee must contact their custodian to be       
temporarily recorded in the shareholders' register of the Company. The recording
must be made effective no later than on the record date of November 5, 2009.    

C. Registration to meeting                                                      

Shareholder who wishes to participate in the Extraordinary General Meeting shall
register for the meeting by giving a prior notice of participation no later than
on November 10, 2009 at 13.00 p.m. at the latest. Such participation notice may 
be given:                                                                       

By telephone +358-20-7700800 (Minna Suokas);                                    
By telefax at +358-2-7332633;                                                   
By email to msuokas@gypsii.com; or                                              
By regular mail to GeoSentric Oyj, PL 84, 24101 Salo, Finland.                  

In connection with the registration, a shareholder shall notify his/her name,   
address, telephone number and the name of a possible assistant.                 

A shareholder may participate in the Extraordinary General Meeting and exercise 
his/her rights at the meeting by way of proxy representation. Proxies are       
requested to be delivered by the end of the above registration date.            

If a shareholder holds shares on several book-entry accounts, (s)he can         
participate in the Extraordinary General Meeting by way of proxy representation 
by more than one proxy representative, each representing shares on different    
book-entry accounts. In such case the shareholder shall further notify the      
shares represented by each proxy representative.                                


4. Other information                                                            

The total number of shares in GeoSentric Oyj on the date of this notice is      
897,926,354 shares and the total number of votes is 897,926,354.                

Salo, October 26, 2009                                                          

GEOSENTRIC OYJ                                                                  


Board of Directors                                                              

Distribution:                                                                   
NASDAQ OMX Helsinki                                                             
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